Total monthly cost of ownership
Cost to Own a Home in Foscoe, North Carolina
A $303,000 home here costs
$2,194per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,558. The real number is $637 higher every month — 41% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Foscoe against Watauga County and North Carolina
| Measure | Foscoe | Watauga County |
|---|---|---|
| Median home value | $302,500 | $321,500 |
| Median property tax | $846 | $1,334 |
| Effective tax rate | 0.280% | 0.415% |
| Median gross rent | $683 | $1,066 |
| Population | 1,257 | 54,607 |
The weather behind that power bill
Foscoe sits in Watauga County, which averages a high of 79.0°F in its hottest month and a low of 21.6°F in its coldest, with 59.13" of precipitation a year and 28% of it in a single three-month stretch. That climate drives 300 cooling and 5,689 heating degree days, which is what sets the $136 electricity line above.
See the full climate breakdown for Watauga County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in Watauga County
Full Watauga County cost breakdown · Every county in North Carolina
Common questions
How much does it cost to own a home in Foscoe?
A $303,000 home in Foscoe, North Carolina costs approximately $2,194 per month with 20% down at 6.66%. That is $1,558 principal and interest, $71 property tax, $110 homeowners insurance, $204 utilities and $253 set aside for maintenance.
What is the property tax rate in Foscoe?
Foscoe has an effective property tax rate of 0.280%, based on a median home value of $302,500 and median real estate taxes of $846. That is lower than the Watauga County average of 0.415%.
What is the average home price in Foscoe?
The median owner-occupied home value in Foscoe, North Carolina is $302,500, against $321,500 across Watauga County.
Is it cheaper to rent or buy in Foscoe?
Median gross rent in Foscoe is $683 a month, against $2,194 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Foscoe — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for North Carolina.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.